Xiaomi rebound; Trump goes to Europe; Pound watch

1. Rebound in Hong Kong: Xiaomi's second day as a public company is going a lot better than its first.

Shares in the Chinese smartphone maker jumped as much as 15% in afternoon trading in Hong Kong on Tuesday. The gain follows a weak debut on Monday when its shares lost as much as 5.9% before ending the day down about 1%.

Xiaomi went public after raising $4.7 billion in the world's biggest tech IPO since Alibaba's(BABA)huge New York listing in 2014.